All Forum Posts by: Rae Remer

Owner want out of mortgage

ARV $391K Loan is 335K

Pays $2700 a month on Loan

Taxes is 4100.00 still due this year

Husband Divorced wife and was granted home in divorce decree but it states she still the owner on the county records pulled online, and he have no contact to reach her to sign an quitclaim will the divorce decree work at closing for you

Owners want no money but to not pay mortgage

@Anthony Dooley when you suggests I lease if 900 or the current mortgage you're saying  offer an leasing purchase for the 900 with an option to buy at the amount left on the mortgage right? I think this might be my best bet no cash down at all ill rent it for those 3 months. what all contracts i needed that different from the ones i use for an subject to deal

@brian 

@Brian Gibbons can you break down the cost of sell. I know the listing agent may get 3 percent but what else should be considered in the cost to sell so thatt i can explain to the sellers

Home owner want out of the mortgage current let on loan is 125k House ARV is 140 Owner willing to do an subject to if you find an buyer with in 15 days to pay next month mortgage and wants 5k to walk Payments are 900 monthly House market rent is 1100 Buyer ready to move in and put 2000k down You will have to finance 3000k

Ok so this guy want out of his house

He pay $2650 an month on an 5 x 3.5 on the loan of 366900,

He owes $335000 left with an interest rate of 3.8 for 30 years, I'm thinking its 15 years he's not sure. 

Comps say the house can sell for  $340K

tax records fair market value is  $421,000 with no repair cost known

Should I do an subject to where I will have to find an buyer willing to put 10% down with an option to buy in 2 years

Should I try to find an buyer for $345K, or is this an deal

contact me on [email protected]

@Pam Black Zentner

 definitely!!! we can trade on some great marketing ideas also, I want to connect with you on some deals I'm looking for buyers.

Investor Networking Event

Co Workers  and  Real Estate Agents

I got one for you call me 678-559-4222 hey @Pam Black Zentner

Thanks I'm try all these way to build my buyer list thanks, and it I don't have no biters on this deal before my due diligence period is over.  I'll move on

I Find great deal all day like this one

I got an great deal

3770 Leeburg Court
Atlanta GA 30331

Asking Price: $ 32,000
Estimated Repairs: $20,000
ARV: $67,000

For more picture or to view vacant call to get the lockbox code.
RAE show contact info
Offers will be accept today only.

3770 Leesburg Ct SW is a house in the Wisteria Gardens neighborhood of Atlanta, GA 30331. This 975 square foot house sits on a 0.44 acre lot and features 2 bedrooms and 1 bathroom. This property was built in 1967. Nearby schools include Adamsville Elementary School, Atlanta Heights Charter School and Fain Elementary School. The closest grocery stores are Atlanta Gourmet Mushroom and Ezy Shopper. Nearby restaurants include KFC, Taco Bell and Checkers. 3770 Leesburg Ct SW is near Washington Park, Morehouse College and Clark Atlanta University. There are minimal bike lanes and the terrain is mostly flat. 3770 Leesburg Ct SW is somewhat bikeable, there is minimal bike infrastructure.

KEY FEATURES

Year Built: 1967
Sq Footage: 975 sqft.
Total Sg Ft: 1950 sqft
Bedrooms: 2 Beds
Bathrooms: 1 Baths
Floors: 1 level , Full Basement
Parking: 2 Carport
Lot Size: 0.44 Acres
Property Type: Ranch Single
Property Taxes: $716
Neighborhood: Wisteria Gardens
Minutes from: Cascade Prime Market, Morehouse, and Clark University

This Property needs complete rehab. The good thing is the roof is new. Expected rehab expense ~20k. Will need A/C, water heater, toilet, faucets, furnace, wiring and plumbing. Market rents is $800-950 a month. In the Atlanta Belt-line. This 2/1 can easily be converted to 4/2. Full basement can easily be converted to Master Suite with extra bath. Open original hardwood floors throughout. Living, Eat in Kitchen and an off Dining Room that has been converted into a 3rd bedroom with closet and window. Great Investor Special for Hold/Rental. Handy Man Dream.